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Warrior Met Coal, Inc. (NYSE:HCC - Get Rating) - Stock analysts at B. Riley dropped their Q3 2022 earnings per share (EPS) estimates for Warrior Met Coal in a research note issued on Thursday, July 7th. B. Riley analyst L. Pipes now anticipates that the company will post earnings per share of $2.13 for the quarter, down from their prior forecast of $2.16. The consensus estimate for Warrior Met Coal's current full-year earnings is $10.38 per share. Warrior Met Coal (NYSE:HCC - Get Rating) last released its quarterly earnings results on Thursday, May 5th. The company reported $2.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.42 by $0.55. Warrior Met Coal had a return on equity of 45.69% and a net margin of 26.02%. The firm had revenue of $378.65 million for the quarter, compared to analyst estimates of $412.66 million. During the same quarter last year, the company posted $0.08 earnings per share. The business's revenue was up 77.1% on a year-over-year basis.

A number of other equities research analysts have also weighed in on HCC. Jefferies Financial Group raised Warrior Met Coal from a "hold" rating to a "buy" rating and lifted their price objective for the company from $36.00 to $50.00 in a report on Tuesday, June 7th. Clarkson Capital reaffirmed a "buy" rating on shares of Warrior Met Coal in a report on Tuesday, June 14th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, Warrior Met Coal currently has a consensus rating of "Moderate Buy" and an average price target of $38.00.

Shares of HCC opened at $28.77 on Monday. Warrior Met Coal has a twelve month low of $15.90 and a twelve month high of $42.95. The stock's 50 day moving average is $33.26 and its two-hundred day moving average is $32.81. The firm has a market capitalization of $1.49 billion, a PE ratio of 4.67 and a beta of 1.04. The company has a current ratio of 5.39, a quick ratio of 4.68 and a debt-to-equity ratio of 0.36.

Several large investors have recently made changes to their positions in HCC. State of Alaska Department of Revenue raised its position in shares of Warrior Met Coal by 9.2% during the 2nd quarter. State of Alaska Department of Revenue now owns 39,069 shares of the company's stock worth $1,195,000 after purchasing an additional 3,305 shares during the last quarter. Bank of America Corp DE raised its position in shares of Warrior Met Coal by 36.0% during the 1st quarter. Bank of America Corp DE now owns 100,089 shares of the company's stock worth $3,715,000 after purchasing an additional 26,492 shares during the last quarter. Verition Fund Management LLC acquired a new position in shares of Warrior Met Coal during the 1st quarter worth approximately $782,000. BNP Paribas Arbitrage SA raised its position in shares of Warrior Met Coal by 33.1% during the 1st quarter. BNP Paribas Arbitrage SA now owns 206,936 shares of the company's stock worth $7,679,000 after purchasing an additional 51,444 shares during the last quarter. Finally, Weiss Multi Strategy Advisers LLC raised its position in shares of Warrior Met Coal by 382.5% during the 1st quarter. Weiss Multi Strategy Advisers LLC now owns 217,120 shares of the company's stock worth $8,057,000 after purchasing an additional 172,120 shares during the last quarter. 90.16% of the stock is currently owned by institutional investors and hedge funds.

In other news, CAO Brian M. Chopin sold 8,500 shares of the business's stock in a transaction that occurred on Wednesday, May 18th. The stock was sold at an average price of $34.00, for a total transaction of $289,000.00. Following the sale, the chief accounting officer now owns 6,545 shares of the company's stock, valued at approximately $222,530. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is owned by insiders.

The company also recently declared a None dividend, which was paid on Friday, May 20th. Stockholders of record on Friday, May 13th were paid a dividend of $0.50 per share. The ex-dividend date was Thursday, May 12th. Warrior Met Coal's dividend payout ratio (DPR) is 3.90%.

Warrior Met Coal Company Profile (Get Rating)

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.

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